Advisors Asset Management Inc. grew its holdings in shares of The Gabelli Dividend & Income Trust (NYSE:GDV) by 13.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 136,554 shares of the financial services provider’s stock after buying an additional 16,608 shares during the period. Advisors Asset Management Inc. owned 0.16% of The Gabelli Dividend & Income Trust worth $3,057,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GDV. Sigma Planning Corp grew its position in The Gabelli Dividend & Income Trust by 48.3% in the third quarter. Sigma Planning Corp now owns 14,872 shares of the financial services provider’s stock worth $333,000 after buying an additional 4,843 shares during the last quarter. Doliver Capital Advisors LP boosted its stake in The Gabelli Dividend & Income Trust by 43.9% in the 3rd quarter. Doliver Capital Advisors LP now owns 25,788 shares of the financial services provider’s stock worth $577,000 after purchasing an additional 7,869 shares during the period. GABELLI & Co INVESTMENT ADVISERS INC. boosted its stake in The Gabelli Dividend & Income Trust by 1.5% in the 3rd quarter. GABELLI & Co INVESTMENT ADVISERS INC. now owns 546,046 shares of the financial services provider’s stock worth $12,226,000 after purchasing an additional 8,095 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in The Gabelli Dividend & Income Trust by 21.0% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 432,330 shares of the financial services provider’s stock worth $9,680,000 after purchasing an additional 75,101 shares during the period. Finally, First Trust Advisors LP boosted its stake in The Gabelli Dividend & Income Trust by 11.9% in the 3rd quarter. First Trust Advisors LP now owns 139,206 shares of the financial services provider’s stock worth $3,117,000 after purchasing an additional 14,767 shares during the period.

Shares of The Gabelli Dividend & Income Trust (NYSE:GDV) opened at $22.50 on Friday. The Gabelli Dividend & Income Trust has a 52 week low of $19.51 and a 52 week high of $22.86.

The business also recently announced a monthly dividend, which will be paid on Thursday, March 22nd. Shareholders of record on Thursday, March 15th will be paid a dividend of $0.11 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 5.87%. The ex-dividend date is Wednesday, March 14th.

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About The Gabelli Dividend & Income Trust

The Gabelli Dividend & Income Trust (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide a level of total return on its assets with an emphasis on dividends and income. The Fund invests at least 80% of its assets in dividend paying securities, such as common and preferred stock or other income producing securities, such as fixed income debt securities and securities that are convertible into equity securities.

Institutional Ownership by Quarter for The Gabelli Dividend & Income Trust (NYSE:GDV)

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